The news and herald. (Winnsboro, S.C.) 1877-1900, 1887-12-20
BRIGHT PRosPEoTs OUT
General Marshall, OF Colorado, Sees
- Prosperity Scr the Aiming
). ttt SE States, "tls

I ~ NASllCIdi t. a. HHdISutlll) VI SOlolauO
who was one Of the earlier settlers OF
1.-The West, has had great experience in
mining and Is considered quite an au-
thority on the subject, was III New
\ York recently. In conversation with q
reporter he said:
"The wildcat mining SPECTATORS are
| fast being exposed and general. feeling
of confidence is gaining ground every
where. The only way to effectually do
away with these bogus miners is to
make it warm for them by constant ex :.
posure through the press. That has
been done lately by several leading and
influential journals and the effect has
been very sanitary. | blame investors
for not thoroughly Investigating every
piece of mining property they purchase.
Mining is legitimate business, and
people who are swindled have only
themselves to blame. In early days
there was great deal Of swindling in
reference to titles, but now the titles to
all good mining property are secure by
patent from the government. Hence,
the title to mining property is as. secure
as any other real estate. BY this sim
pie method of careful business, the
wildcat spectators are defeated and
their schemes to dupe the ssnwary are
signal failures. But many people you
.ssannot impress with this fact. They
expect to, gera rortune ;tt,t ound Tor a
small sum and listen to the rose.colored
IL oF kI,n nal
lators.'7 49,
"How is the outlook in the mininy :
districts Of the West?"
'sIt is cheerful and all the gold mines
are considered very reliable, In Cali
fornia there is all upward tendency in
the mining industry. There is not so
much placer mining there as formerly
because there is law against it, for
the reason that the debris from the
wash fill up the streams and creeks.
Milling quartz by the old stamp mill
process is rapidly increasing in Calfor
MIA and all the mining States and Ter
ritories where free milling ores exist.
This will be the general tendency where
low grade ore is plentiful. OF course
where there is too much lead the smet-
ing process is required.
''Next to Colorado, California takes
precedence in the production Of ore.
In Idaho, Nevada, Arizona, New Mex
leo and Montana there is an increase
and perhaps;there will be more mineral
wealth produced this year than ever
before. People who reside in the East
and have had no actual experience in
mining, as matter Of course are more
easily made victims by the wildcat
speculation. The mining States were
never 80 prosperous as now, 1t seems
Ito me few persons in the Eastern por-
Itions Of the country have been panic
hunting for the last year or two and are
now predicting panic for the coming
year 1t must be apparent to any
thinking man that the business Of tile
country in every department, and espec
'cially New York, the great moneyed
centre, has been carried on for,yea in
the most conservative manner, and es-
pecially the present year. Panics are
never produced except by over-trade.
The present prosperity Of every branch.
Of business and industry in the West
has no equal in the history of the coun-
try and bids fair to continue as long as
the great rush OF immigration tends in
that direction"
ID .r Dol y